$FOLKS is showing strong bearish pressure after a sharp -18% drop, currently trading around 1.37. Price has broken down from the 1.50–1.60 range and is now struggling to reclaim key resistance. This structure signals continued weakness, with sellers firmly in control unless a strong recovery occurs.
TRADE SETUP (SHORT POSITION) 🔴
Entry Zone: 1.360 – 1.420
Take Profit 1: 1.300
Take Profit 2: 1.250
Take Profit 3: 1.180 – 1.100
Stop Loss: 1.480
Buy now and trade here on $FOLKS
FOLKSUSDT
Trvl
1.371
-1.93%